Since the financial controversies that nearly brought down world markets a decade ago, the lending and default areas of banking have grown in cost and complexity due to aggressive and constantly changing regulation. Compliance is now a mandate at all stages of the loan process, requiring lenders to regularly gather, process and report data accurately from multiple applications and partners. CeleritiFinTech streamlines the lending, loan management, loss mitigation, debt recovery and compliance activities, leveraging products such as EarlyResolution to centralize and automate the entire loan default process from initial contact through underwriting and settlement. All parties work from the same platform, ensuring consistent service, streamlined operations and simplified compliance efforts.
CFT is committed to eliminating complexity in Lending, providing clients with adaptable, configurable and cost-efficient capabilities through “software as a service” (SaaS) offerings. We will make systems smarter both upstream and downstream, further reducing the workload on the servicer by improving automated decision-making and providing the borrower more capabilities to select and manage their loan.